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Rent/Lease Office 358 Fifth Ave

$ / SF / Yr SF Monthly Rent
$ 56.5
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Bryant Park & Sixth Avenue $ 60
14,000
$ 70,000
Penn Plaza & West 33rd Street $ 41.5
29,000
$ 100,291
Broadway & West 36th Street $ 48
11,700
$ 46,800
Address $ / SF / Yr SF Monthly Rent
Broadway & West 36th Street $ 55.5
3,200
$ 14,800
Broadway & West 41st Street $ 56.5
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 71
4,300
$ 25,441
Address $ / SF / Yr SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF / Yr SF Monthly Rent
W 40th St & Seventh Avenue $ 38
15,100
$ 47,816
W 37th St & Avenue of the Americas $ 34.5
10,200
$ 29,325
W 37th St & Sixth Avenue $ 33.5
11,400
$ 31,825
Broadway & West 37th Street $ 42
11,100
$ 38,850
Ninth Ave & West 34th Street $ 35
24,600
$ 71,750
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 47
4,400
$ 17,233
Seventh Ave & West 38th Street $ 45
5,200
$ 19,500
W 37th St & Between Fifth Avenue $ 50
3,200
$ 13,333
W 37th St & Sixth Avenue $ 35
3,500
$ 10,208
Address $ / SF / Yr SF Monthly Rent
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Tenth Ave & West 37th Street $ 46.5
2,200
$ 8,525
W 36th St & Between Eighth Avenue $ 38
1,600
$ 5,066
Address $ / SF / Yr SF Monthly Rent
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 36th St & Eighth Avenue $ 33
7,800
$ 21,450
W 30th St & Fifth Avenue $ 30
7,100
$ 17,750
Address $ / SF / Yr SF Monthly Rent
Broadway & West 32nd Street $ 46.28
3,500
$ 13,498
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 39th St & Avenue of the Americas $ 35
4,200
$ 12,250
W 30th St & Fifth Avenue $ 33
5,000
$ 13,750
Penn Plaza & West 30th Street $ 48
2,500
$ 10,000
W 36th St & Eighth Avenue $ 35.5
6,000
$ 17,750
W 35th St & Seventh Avenue $ 35.5
5,300
$ 15,679
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
Address $ / SF / Yr SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Broadway & West 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of the Americas $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70.5
13,200
$ 77,550
Fifth Ave & West 38th Street $ 56.5
17,600
$ 82,866
Ninth Ave & Between Dyer Avenue $ 128.5
9,400
$ 100,658
Address $ / SF / Yr SF Monthly Rent
Broadway & West 41st Street $ 55
2,800
$ 12,833
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
W 34th St & Between Seventh Avenue $ 70
4,700
$ 27,416
Broadway & West 36th Street $ 65.5
4,600
$ 25,108
2 & West 31st Street $ 140.5
5,300
$ 62,054
W 40th St & Avenue of the Americas $ 73
2,900
$ 17,641
Fifth Ave & West 38th Street $ 61
3,800
$ 19,316
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,333
W 37th St & Between Fifth Avenue $ 62.5
3,200
$ 16,666
Broadway & West 37th Street $ 67.5
5,500
$ 30,937
Address $ / SF / Yr SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 67.5
2,300
$ 12,937
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 59
7,600
$ 37,366
Broadway & West 39th Street $ 52
21,400
$ 92,733
W 39th St & Avenue of the Americas $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40.5
9,300
$ 31,387
7th Ave & Between Seventh Avenue $ 55.5
7,800
$ 36,075
Seventh Ave & West 35th Street $ 46.5
10,000
$ 38,750
Eighth Ave & West 36th Street $ 40.5
7,500
$ 25,312
Eighth Ave & Between Eighth Avenue $ 40
7,900
$ 26,333
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,666
Broadway & West 32nd Street $ 44
9,800
$ 35,933
W 38th St & Fifth Avenue $ 62
7,500
$ 38,750
Tenth Ave & West 37th Street $ 49.5
7,900
$ 32,587
W 33rd St & Fifth Avenue $ 40.5
7,100
$ 23,962
W 34th St & Fifth Avenue $ 31
7,300
$ 18,858
Address $ / SF / Yr SF Monthly Rent
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Broadway & West 38th Street $ 49
2,800
$ 11,433
W 39th St & Eighth Avenue $ 35
3,000
$ 8,750
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
Broadway & West 39th Street $ 52
3,000
$ 13,000
Eighth Ave & Between Eighth Avenue $ 38
2,700
$ 8,550
Eighth Ave & West 35th Street $ 35
3,200
$ 9,333
Eighth Ave & West 36th Street $ 38
2,700
$ 8,550
W 42nd St & Broadway $ 64
2,500
$ 13,333
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Eighth Avenue $ 35
1,600
$ 4,666
W 38th St & Fifth Avenue $ 35
2,200
$ 6,416
Seventh Ave & West 40th Street $ 54
1,500
$ 6,750
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
Eighth Ave & West 37th Street $ 37
1,700
$ 5,241
W 40th St & Avenue of the Americas $ 74
1,600
$ 9,866
Broadway & West 38th Street $ 52
1,900
$ 8,233
W 38th St & Eighth Avenue $ 35
2,000
$ 5,833
W 34th St & Avenue of the Americas $ 45
2,000
$ 7,500
7th Ave & Between Seventh Avenue $ 57
1,600
$ 7,600
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & Fifth Avenue $ 39
8,100
$ 26,325
W 35th St & Fifth Avenue $ 41.5
8,200
$ 28,358
Eighth Ave & West 36th Street $ 42
16,000
$ 56,000
Eighth Ave & West 39th Street $ 41
11,400
$ 38,950
Broadway & West 31st Street $ 50
7,700
$ 32,083
W 37th St & Eighth Avenue $ 46.5
10,000
$ 38,750
W 35th St & Broadway $ 36.5
7,700
$ 23,420
W 37th St & Avenue of the Americas $ 38.5
7,200
$ 23,100
W 36th St & Eighth Avenue $ 29.5
9,500
$ 23,354
W 36th St & Ninth Avenue $ 36.5
8,500
$ 25,854
Address $ / SF / Yr SF Monthly Rent
W 40th St & Eighth Avenue $ 25
4,000
$ 8,333
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 35th St & Seventh Avenue $ 44
2,900
$ 10,633
W 38th St & Eighth Avenue $ 39
3,500
$ 11,375
Seventh Ave & West 39th Street $ 45
5,800
$ 21,750
W 35th St & Columbus Avenue $ 40
3,000
$ 10,000
Broadway & West 31st Street $ 44.5
2,600
$ 9,641
W 36th St & Between Broadway $ 33
6,000
$ 16,500
W 35th St & Seventh Avenue $ 36.5
4,400
$ 13,383
W 37th St & Ninth Avenue $ 40.39
4,600
$ 15,482
W 38th St & Fifth Avenue $ 39
2,700
$ 8,775
W 39th St & Fifth Avenue $ 43
6,500
$ 23,291
Address $ / SF / Yr SF Monthly Rent
W 38th St & Ninth Avenue $ 32
1,600
$ 4,266
W 30th St & Eighth Avenue $ 28
2,000
$ 4,666
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 39th St & Eighth Avenue $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 35.5
2,300
$ 6,804

Retail Spaces for Rent at 358 Fifth Ave

Rent Retail 358 Fifth Ave

Rent Medical Space at 358 Fifth Ave

$ / SF / Yr SF Monthly Rent
Negotiable
Office Tenants Rented / Leased 358 Fifth Avenue
  • Dr. Nicky Bhatia leased 1,591 SF
  • Cvs Pharmacy leased 500 SF
  • DV Trading leased 11,101 SF
  • DAX leased 500 SF
  • Nychc leased 0 SF
  • International Inspirations leased 7,754 SF
  • Bryant Park Wellness leased 800 SF
Nearby Office Tenants Leased
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • The Yard leased 33,000 SF at 246 Fifth Avenue
  • Laboratory Institute of Merchandising, the College for the Business of Fashion leased 30,160 SF at 535 Fifth Ave
  • Doral Financial Corp. leased 30,000 SF at 623 Fifth Ave
  • ABM Industries leased 29,063 SF at 551 Fifth Ave
  • Riskified leased 27,000 SF at 220 Fifth Avenue
  • National Basketball Associ… leased 26,385 SF at 545 Fifth Ave
  • Amiee Lynn Accessories, I… leased 26,285 SF at 366 Fifth Ave
  • Keeco leased 26,170 SF at 390 Fifth Avenue
  • Compass leased 25,204 SF at 90 Fifth Avenue
Nearby Retail Tenants Leased
  • Free People leased 6,000 SF at 79 Fifth Ave
  • Duane Reade leased 6,000 SF at 184 Fifth Ave
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Designer Bargain Store leased 5,800 SF at 417 Fifth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Theory leased 5,500 SF at 139 Fifth Ave
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave
  • Michael Kors leased 4,500 SF at 610 Fifth Ave
$ / SF SF Monthly Rent
Please notify me when a new space is available
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 358 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 358 Fifth Avenue and in the nearby Penn Plaza/Garment neighborhood.
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Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

358 Fifth Avenue Property Overview

Building Address: 358 Fifth Ave, New York NY 10001
Building Alternate Address: 358 5th Ave
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:15
Year Built:1920
Building Class:B
Block & lot:00836-0035

History of 358 Fifth Avenue, Manhattan, NYC

358 Fifth Avenue is located in the Midtown Manhattan area, part of the broader Fifth Avenue corridor, a major thoroughfare in New York City known for its commercial and cultural significance.

Fifth Avenue itself has a rich history dating back to the late 18th century when the city laid out lots and roads on what was then largely undeveloped land. The avenue was originally known as Middle Road and developed gradually, evolving into a prestigious residential and commercial district by the early 20th century.

By the early 1900s, Fifth Avenue had transformed from a primarily residential street into a high-end shopping and office district. The midtown blocks, including the area around 358 Fifth Avenue, saw increased commercial development with many mansions and older buildings giving way to office buildings and retail spaces. This change was part of a citywide widening and modernization effort that altered the avenue’s character significantly by the 1910s.

The specific building at 358 Fifth Avenue plays a role within this historic context as part of the dense commercial expansion characteristic of midtown Manhattan. While detailed architectural or ownership history of 358 Fifth Avenue itself is limited, the property is recognized today as a significant commercial office address contributing to the area's dynamic business environment. The site is proximate to major transit points and has been part of the continuous growth of Fifth Avenue as one of New York City's key commercial corridors.

Modern assessments indicate the property maintains substantial market value and is integrated into the surrounding commercial ecosystem, with nearby buildings supporting retail, office, and transportation accessibility.

358 Fifth Avenue, Manhattan, New York, NY 10001

Also known as: 362 Fifth Avenue, New York, NY 10001

Building Details:

  • Class B Office Building
  • 15 stories
  • Approximate total area: 96,615 sq ft
  • Originally built in 1920, last altered in 1986
  • Comprises 63 commercial units

Location: Corner of 5th Avenue and West 34th Street, within Midtown South / Penn Plaza / Garment District neighborhood

Nearby Landmarks: Across from the CUNY Graduate Center and the Science, Industry, and Business Library; near Empire State Building

Transportation & Accessibility

  • Subway lines within walking distance:
    • 34th Street - Herald Square (B, D, F, M, N, Q, R) – approx. 3-4 min walk
    • 33rd Street PATH station – approx. 4 min walk
    • 33rd Street (4,6) – approx. 5 min walk
    • 34th Street - Penn Station (1,2,3) – approx. 6-7 min walk
    • 28th Street (N,R) – approx. 7-8 min walk
  • Close to New York Penn Station commuter rail (LIRR, NJ Transit) – approx. 9 min walk
  • Bus lines along 5th Avenue: M1, M2, M3, M4
  • Proximity to major airports: La Guardia (17 min drive), Newark Liberty (21 min), JFK (25 min)

Neighborhood & Amenities

  • Located in Koreatown area, a vibrant commercial and cultural hub
  • Nearby dining options: Dunkin', Chipotle, Royal 35 Steakhouse
  • Nearby hotels: U Hotel Fifth Avenue, The Gregory Hotel
  • Walk Score: 100/100 - Walker's Paradise
  • Transit Score: 100/100 - Rider's Paradise
  • Bike Score: 83/100 - Very Bikeable

Property Tax & Valuation (Recent)

Year Market Value Assessed Value Taxable Value Tax Rate % Property Tax
2024/25 $63,550,000 $28,597,500 $27,472,900 10.762% $2,956,633
2023/24 $77,387,000 $34,824,150 $30,593,954 10.592% $3,240,512

358 Fifth Avenue Building Amenities

  • 15-story Class B office building
  • Located in Midtown Manhattan's Penn Plaza/Garment District
  • Attended lobby
  • 24/7 access with turnstile security
  • Typical floor size of approximately 6,441 square feet
  • Unfinished ceiling height of 12 feet in office spaces
  • Surface and covered parking available
  • Proximity to multiple public transportation options:
    • 34th Street - Herald Square Subway Station (B, D, F, M, N, Q, R lines) within a 4-minute walk
    • 33rd Street PATH station within 5 minutes walk
    • 34th Street - Penn Station (1, 2, 3 lines) within 6-7 minutes walk
    • Additional subway lines (4, 6, N, R) accessible within 6 to 8 minutes walk
  • Walk Score of 100 indicating excellent walkability

358 Fifth Avenue in Manhattan, NYC, is home to several notable office tenants, including:

  • CVS Pharmacy
  • Partner Engineering and Science, Inc.
  • Global Coverage
  • International Inspirations
  • Bank of America
  • Star MD
  • Felcher & Freifeld LLP
  • Yakson Wellness

Internet Providers at 358 Fifth Ave, Manhattan, NYC

Residents and businesses at 358 Fifth Avenue have access to multiple high-speed internet providers offering cable and fiber connections.

  • Verizon Fios: Fiber-optic internet with speeds up to 2.3 Gbps. Known for fast, reliable service and good customer satisfaction.
  • Spectrum: Cable internet with speeds up to 1 Gbps. Widely available across Manhattan, offering bundled TV and phone options.
  • Astound Broadband Powered by RCN: Cable and fiber service with speeds up to 1.5 Gbps, known for competitive pricing and unlimited data.

358 Fifth Avenue, Manhattan, NYC

Cross Streets

Located between West 34th Street and West 35th Street in Manhattan's Penn Plaza / Garment District.

Transportation

Subway

  • 34th Street - Herald Square (B, D, F, M, N, Q, R lines) – 0.2 miles, about 3 minutes on foot
  • 33rd Street (PATH - Hoboken) – 0.2 miles, about 4 minutes on foot
  • 33rd Street (4, 6 lines) – 0.3 miles, about 5 minutes on foot
  • 34th Street - Penn Station (1, 2, 3 lines) – 0.3 miles, about 6 minutes on foot
  • 28th Street (N, R lines) – 0.4 miles, about 7 minutes on foot

Commuter Rail

  • New York Penn Station (LIRR and NJT) – 0.5 miles, about 9 minutes on foot

Bus

Bus lines M1, M2, M3, and M4 run along 5th Avenue providing convenient access.

Other Transportation Notes

Fifth Avenue also has extensive taxi and rideshare availability. Walking and cycling are common local travel options in the neighborhood.

Office Tenants Rented / Leased 358 Fifth Avenue
  • Dr. Nicky Bhatia leased 1,591 SF
  • Cvs Pharmacy leased 500 SF
  • DV Trading leased 11,101 SF
  • DAX leased 500 SF
  • Nychc leased 0 SF
  • International Inspirations leased 7,754 SF
  • Bryant Park Wellness leased 800 SF
Nearby Office Tenants Leased
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • The Yard leased 33,000 SF at 246 Fifth Avenue
  • Laboratory Institute of Merchandising, the College for the Business of Fashion leased 30,160 SF at 535 Fifth Ave
  • Doral Financial Corp. leased 30,000 SF at 623 Fifth Ave
  • ABM Industries leased 29,063 SF at 551 Fifth Ave
  • Riskified leased 27,000 SF at 220 Fifth Avenue
  • National Basketball Associ… leased 26,385 SF at 545 Fifth Ave
  • Amiee Lynn Accessories, I… leased 26,285 SF at 366 Fifth Ave
  • Keeco leased 26,170 SF at 390 Fifth Avenue
  • Compass leased 25,204 SF at 90 Fifth Avenue
Nearby Retail Tenants Leased
  • Free People leased 6,000 SF at 79 Fifth Ave
  • Duane Reade leased 6,000 SF at 184 Fifth Ave
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Designer Bargain Store leased 5,800 SF at 417 Fifth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Theory leased 5,500 SF at 139 Fifth Ave
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave
  • Michael Kors leased 4,500 SF at 610 Fifth Ave

RZO Advisory Group Testimonial

RZO Advisory Group testimonial To Whom It May Concern: Steve Sunderland acted as our real estate broker in relocation of this firm's 12,000 square feet of office space. While that may seem like a relatively easy task, given our requirements, it was anything but. After giving Mr. Sunderland a prospective location radius of onlny three blocks and a request for 75% of the offices to be windowed, he took us to numerous potential locations. Much to our surprise and delight, no visit was ever a waste of our time. Mr. Sunderland knew what he wanted and needed. He never showed us properties that would not work for the firm. After several weeks of searching, our situation caused us to put our search on hold. It was a couple of years before we resumed. I'm happy to say that Mr. Sunderland picked up with the same enthusiasm he had previously shown. Even after we had signed our new lease, Mr. Sunderland stayed in touch with us as well as our landlord to be sure that our work letter was adhered to. If you are looking for commercial space, I could not give Mr. Sunderland a higher recommendation. He was courteous and always professional throughout a long and sometimes difficult process. If you wish to contact me, please feel free to call at the number above. Sincerely, William Zysblat

Office Buildings in Penn Plaza/Garment

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